Internet Credit Card Processing Resource

The determinants of default on credit card debt
This study formulates a theory about why people default on their credit card debt. After an exhaustive review of the literature available on the subject of default, the most probable determinants of default were included in an empirical model and then modified into a more precise form. This analysis led to conclusive results and some insights regarding how to best develop public policy concerning default. This study uses the Buckeye State Poll (BSP) data collected by the Center for Survey Research at Ohio State University. The BSP data was collected for the state of Ohio using a random telephone survey conducted from November 1996 to April 2002. Since no complete empirical model of credit card debt default has been developed, it was necessary to create a new model using some previously identified determinants identified by a number of researchers. The final model was obtained by first splitting the BSP dataset in half using an Excel random number generator. Then, using one half of the original dataset, exploratory data analysis techniques, backwards regression, and various statistical tests were used to develop a formal model of credit card default. Using the negative binomial method of regression on the withheld portion of the original dataset, the final model developed earlier in the analysis was again tested. Upon comparing the results of the two regressions, it is clear that factors such as (a) having charged at least one credit card to the credit limit in the past six months and (b) having a low level of income increases Ohioans expected number of credit card debt defaults. In the conclusion it is stated that no formal public policy proposal has been developed regarding credit card default. Being that credit card default is currently an increasing trend in the United States, there will soon be a pressing need for policy that addresses this issue and combats the problem. In this section, suggestions are made regarding how best to use the results from this study to develop effective public policy concerning credit card debt default.

Creative cards : An article from: Credit Union Management
According to analysts, a stored-value payroll debit card can benefit employers, unbanked employees and financial institutions. Among unbanked US citizens, some may pay up to 6% of their paychecks in check-cashing fees, according to experts.This digital document is an article from Credit Union Management, most recently published by Credit Union Executives Society on March 31, 2002. The length of the article is 461 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Creative cardsAuthor: Lisa HochgrafPublication: Credit Union Management (News)Date: March 31, 2002Publisher: Credit Union Executives SocietyVolume: 25 Issue: 3 Page: 34Distributed by ProQuest Information and Learning

Plastic rap: the pros and cons of the latest trend–using credit cards to finance your business. : An article from: Entrepreneur
This digital document is an article from Entrepreneur, published by Entrepreneur Media, Inc. on January 1, 2003. The length of the article is 732 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Plastic rap: the pros and cons of the latest trend–using credit cards to finance your business.Author: C.J. PrincePublication: Entrepreneur (Magazine/Journal)Date: January 1, 2003Publisher: Entrepreneur Media, Inc.Volume: 31 Issue: 1 Page: NADistributed by Thomson Gale

Agents eye credit card billing. : An article from: National Underwriter Property & Casualty-Risk & Benefits Management
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on April 30, 1990. The length of the article is 1329 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Agents eye credit card billing.Author: Paige ProctorPublication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)Date: April 30, 1990Publisher: The National Underwriter Company Issue: n18 Page: p57(2)Distributed by Thomson Gale

Sioux Falls, Citibank, and CRA: do US credit card banks deserve their “outstanding” community reinvestment performance evaluations?(Community Reinvestment … An article from: Journal of Economic Issues
This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on June 1, 2002. The length of the article is 3973 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Sioux Falls, Citibank, and CRA: do US credit card banks deserve their “outstanding” community reinvestment performance evaluations?(Community Reinvestment Act)(Statistical Data Included)Author: Reynold F. NesibaPublication: Journal of Economic Issues (Refereed)Date: June 1, 2002Publisher: Association for Evolutionary EconomicsVolume: 36 Issue: 2 Page: 485(9)Article Type: Statistical Data IncludedDistributed by Thomson Gale